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Fixed capital in the corn‐tractor model

Ian Steedman

Metroeconomica, 2020, vol. 71, issue 1, 49-56

Abstract: When fixed capital use is introduced into the simple corn‐tractor model, capital‐reversing, reswitching and consumption reversal can occur even with equal proportions and triple‐switching of techniques is possible.

Date: 2020
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Handle: RePEc:bla:metroe:v:71:y:2020:i:1:p:49-56